Mumbai, September 09, 2024 – NTT DATA Payment Services India Private Limited, a leading end-to-end payment service provider, is delighted to announce the appointment of Syed Mohammad Zafar Alam as Chief Business Officer (CBO), effective from today. This strategic move aims to drive and boost the company’s payment business further.

With over two decades of experience, Zafar Alam will spearhead strategic initiatives, business growth, expanding the client base and strengthening partnerships in this ever-evolving fintech space.

Speaking on the appointment, Takeo Ueno – Chief Executive Officer (CEO) of NTT DATA Payment Services India said, “We are pleased to welcome Zafar Alam, who brings comprehensive experience in the payment and banking industry. His profound understanding of the Indian financial ecosystem will provide us with his rich expertise to further empower NTT DATA Payment’s vision on becoming one of the top three payment service providers in the country. With Zafar’s appointment, we are confident that our company will continue to thrive and attain new milestones”.

Commenting on his joining, Syed Mohammad Zafar Alam – Chief Business Officer (CBO) of NTT DATA Payment Services India said, “India’s payment industry is growing at a faster pace and will continue to have a robust growth trajectory. I am excited to be a part of NTT DATA Payment Services where I can leverage my expertise and support the company’s growth journey. The organization’s firm commitment to providing innovative payment solutions and focus on customer-centricity is encouraging and setting a new benchmark in the industry”.

Previously, Zafar Alam was associated with Paytm Payment Services Ltd as Sr. Vice President and Business Head for two years. Over the course of his career, he worked with leading banks such as Axis Bank heading ecommerce business and ICICI Bank where he was instrumental in driving business growth and fostering strong client relationships. Zafar Alam holds a bachelor’s degree in arts from Calcutta University.